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2024 data HMDA 2024 disclosure official source

Isle of Wight County

2,376 mortgage applications, 15.4% denial rate. Verify FIPS 51093 with U.S. Census Bureau →

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Virginia · FIPS 51093

Local mortgage market. Isle of Wight County, Virginia saw 2,376 HMDA-reported mortgage applications in 2024. Lenders originated 1,203 of those loans and denied 366, producing a denial rate of 15.4% and an approval (origination) rate of 50.6%. The average loan amount was $274,760 at an average note rate of 7.18%, with applicants self-reporting average annual income of $38K. 156 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.2x, meaning typical borrowers took on mortgages of about 7.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 51093 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,376
Applications
1,203
Originated
15.4%
Denial Rate
50.6%
Approval Rate
$274,760
Avg Loan Amount
7.18%
Avg Interest Rate
$38K
Avg Applicant Income
7.2x
Loan-to-Income Ratio

Nearby Lenders in Isle of Wight County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 BayPort Credit Union 92 7.6%
2 American Neighborhood Mortgage Acceptance Company 86 7.1%
3 Langley Federal Credit Union 82 6.8%
4 Nvr Mortgage Finance, INC. 66 5.5%
5 Navy Federal Credit Union 63 5.2%
Compare BayPort Credit Union vs American Neighborhood Mortgage Acceptance Company →

Frequently Asked Questions

How many mortgage applications were filed in Isle of Wight County?
In the 2024 HMDA reporting year, 2,376 mortgage applications were filed in Isle of Wight County, Virginia. Of these, 1,203 were originated (approved and funded), while 366 were denied, resulting in a denial rate of 15.4%.
What is the mortgage denial rate in Isle of Wight County?
The mortgage denial rate in Isle of Wight County is 15.4%. The approval (origination) rate is 50.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Isle of Wight County?
The average mortgage loan amount in Isle of Wight County is $274,760. The average interest rate is 7.177%. The average applicant income is $38K.
What is the loan-to-income ratio in Isle of Wight County?
The average loan-to-income ratio in Isle of Wight County is 7.2x, meaning borrowers took on loans averaging 7.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Isle of Wight County?
The top mortgage lenders in Isle of Wight County by origination volume are BayPort Credit Union, American Neighborhood Mortgage Acceptance Company, Langley Federal Credit Union. In total, 156 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.